Guar Gum Futures Trade Lower Due to Supply Surplus.webp


New Delhi, February 12 Guar gum prices fell marginally on Thursday, decreasing by Rs 3 to Rs 10,069 per quintal in futures trading, as traders offloaded their holdings in line with a weak trend in the spot market.

On the National Commodity and Derivatives Exchange, guar gum for March delivery declined by Rs 3, or 0.03 per cent, to Rs 10,069 per quintal in 52,245 lots.

Marketmen said a lack of demand in the spot market and ample supplies from growing regions put pressure on guar gum prices.
 
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